Julian Alvarez helped Atletico Madrid reach the Champions League semi-finals [Getty Images] Real Madrid have had a 150m euro (£130m) offer for striker Julian Alvarez rejected by city rivals Atletico Madrid. Real president Florentino Perez last week pledged to make a 150m euro offer for an unnamed "galactico" player if re-elected to his position. Having successfully retained control on Sunday, Perez made good on his promise.